Nomad Capitalist Live

One of the main themes Andrew has continued to touch on throughout the year is around fear and inaction. Andrew understands what fear can do to someone and their success because fear has also, at times, taken control of Andrew. This is one of the reasons why he invited Matt Dubiel to join him on the show. Matt is still living in the US and has not made the step to move overseas and become a nomad just yet. Andrew and Matt talk on fear, what the outside world looks like to the average American, and what's holding him back from his nomad journey on today's show.

Key Takeaways:

Andrew's Editorial:

[3:25] Why do you feel stuck?

[3:45] The reason why you're stuck is because you have too much fear.

[5:00] One of Andrew's fears is going out and making the investment.

[5:25] Andrew would've been more successful if he didn't have fear about taking action.

[7:35] We all have fears. It's normal. However, you can still get things done.

[8:35] Your plan needs to be able to serve you now, not later.

[10:55] Today, Andrew wants you to hear some of the valid fears his guest has.

[11:10] The biggest thing that has held Andrew's guest entrepreneurs back is their fear.

[13:25] Do something old school. Write down all the pros and cons of the things you want to do.

Interview:

[16:55] One of the benefits of traveling abroad is that it's a very balanced world out there, especially compared to what the media thinks.

[17:45] As long as you live in the US, it's hard to see what's considered normal vs. what's not; like having to own a car, for example.

[18:40] When you step outside of the US, everyone else isn't as judgmental. There are suddenly new standards to living.

[20:55] We convince ourselves that these little things don't affect the work we do.

[21:15] Andrew believes he has gotten more things done just by being outside of the US and not being focused on keeping up with the Joneses.

[21:50] Believe it or not, material possessions do not bring you happiness.

[23:00] The things we own end up owning us.

[24:55] When did Matt realize he should be looking offshore instead of onshore?

[27:35] There has to be a better way, right? Matt explains further.

[29:50] The US is shifting significantly and Matt is beginning to see a lot more division in the classes.

[30:15] The American dream can be found elsewhere. It can be found in places like the Philippines.

[35:30] The American people want a hero, but there is no hero and a President is never going to be a hero that solves everything for everyone.

[41:15] What's holding Matt back from moving overseas?

[44:10] Lean into the fear.

[48:40] How can you be more open minded to 'the outside'? Matt says to travel and bring your family along.

[53:40] You can solve a lot of problems just by decluttering your life.

Listener Question:

[57:35] Is citizenship by descent worth the hassle?

[57:50] The worst second passport is the one you don't have.

[59:55] It can take up to three years to get a Polish passport by descent.